Bolton successor 'optimistic' despite worst FTSE year
Anthony Bolton's Fidelity Special Situations successor Sanjeev Shah has increased exposure to banking stocks despite the sector playing a significant role in the worst ever year for the FTSE 100.
Shah says he has bought into a "basket of banking stocks" to spread the risk in his vehicle, while adding in the consumer cyclical space. Banking stocks, along with the mining sector, were the hardest...
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